T3 Defense (DFNS) Operating Expenses (2019 - 2026)

T3 Defense (DFNS) recorded quarterly Operating Expenses of $4.2 million in Q1 2026, up 298.93% quarter-over-quarter from $1.0 million in Q2 2025, and up 177.5% on a YoY basis from $1.5 million in Q1 2025.

T3 Defense (DFNS) Operating Expenses (2019 - 2026) Analysis & Trends

T3 Defense's Operating Expenses history runs 8 years deep, the most recent figure standing at $4.2 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 177.5% year-over-year to $4.2 million; the TTM figure through Mar 2026 stood at $5.2 million (up 40.41% YoY), while the FY2025 annual figure was $32.6 million, up 620.44% from the prior year.
  • Operating Expenses was $4.2 million for Q1 2026 at T3 Defense, up from $1.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $9.4 million in Q4 2023 to a low of $116668.0 in Q3 2023.
  • Historically, Operating Expenses has averaged $1.8 million across 5 years, with a median of $1.1 million in 2023.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses tumbled 75.74% in 2023, then soared 918.86% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $1.1 million in 2022, then surged by 769.61% to $9.4 million in 2023, then tumbled by 87.36% to $1.2 million in 2024, then declined by 11.81% to $1.0 million in 2025, then surged by 298.93% to $4.2 million in 2026.
  • The last three Operating Expenses figures came in at $4.2 million (Q1 2026), $1.0 million (Q2 2025), and $1.5 million (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43 1.85 Mn
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn 10.18 Bn
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn 19.59 Bn
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn 2.10 Bn
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn -
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn 120.00 Mn
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn 12.06 Bn
8 Embraer 95.73 Bn 93.11 Bn - -
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn 8.89 Bn
10 T3 Defense 6.04 Mn 5.64 Mn 371,000.00 4.18 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 4.18 Mn
Jun 30, 2025 1.05 Mn
Mar 31, 2025 1.51 Mn
Sep 30, 2024 1.19 Mn
Jun 30, 2024 1.03 Mn
Mar 31, 2024 2.09 Mn
Dec 31, 2023 9.41 Mn
Sep 30, 2023 116,668.00
Jun 30, 2023 1.05 Mn
Mar 31, 2023 954,326.00
Dec 31, 2022 1.08 Mn
Sep 30, 2022 480,867.00
Jun 30, 2022 144,590.00
Mar 31, 2022 469,271.00
Sep 30, 2021 153,337.00
Jun 30, 2021 28,567.00
Mar 31, 2021 78,411.00
Dec 31, 2020 100,584.00
Sep 30, 2020 47,262.00
Jun 30, 2020 40.00